Real Estate Archive

Understanding What Cap Rates Are

Last week one of my clients that buys real estate in Florida told me that he would like to raise some cash to pay his impending federal tax bill. He owns quite a few properties in Fort Myers, Cape Coral, and in Naples – most are income producing, some land, …

Buying Real Estate with Partners

Years ago my brother Bill and I lived next to each other in South Fort Myers. Sunday mornings while the wives slept in we would jump in the car and go look at property or boats. One Sunday we decided to go look for a dock slip to rent or …

A BUCKET OR A BLADDER?

The Three Elements of Capital for Buying Real Estate – A Bucket or a Bladder? I am taking a continuing education course for my broker’s license. During a discussion of what it takes to invest in real estate, the topic turned to raising capital. As you already know, I spend …

Because it was Made That Way


I grew up in a suburb of New York City, in a town where we knew all the kids in school and especially knew when a “new kid” moved in. Seymour and Carmen Russo’s HouseBut it is was suburbia, not a farming town, so when one of our neighbors decided …

Anna Maria Island Retirement

Do you want to retire to a barrier island along the west coast of Florida? Anna Maria Island Review Anna Maria Island Retirement Gail and I recently spent a week on Anna Maria Island (AMI) with my cousin Deb and my brother Bill, his wife Dot and my sister Julie …

Four Point Inspection, What it is it?

Certified Four Point Insurance Inspections The Four Point Insurance Inspection was created after Hurricane Andrew struck Florida in 1992. It is performed on behalf of the insurance companies on real estate here in southwest Florida and, typically, as a requirement for the insurer offering insurance to the new homeowner whether …

Homeowner Flood Insurance Affordability Act of 2014

On March 21, 2014, President Obama signed the Homeowner Flood Insurance Affordability Act of 2014 into law. This law repeals and modifies certain provisions of the Biggert-Waters Flood Insurance Reform Act, which was enacted in 2012, and makes additional program changes to other aspects of the program not covered by …

Why Retire to Florida?

My mom and dad retired to Florida in 1971 which  was the year that I graduated from high school. On the same day that I left for college; Mom and Dad left to Florida in search of the first page in the next chapter of their lives. One moment I …